Auction.com hired CRE industry veteran Patrick McClain to lead its Auction Portfolio Operations. In this new position, he will spearhead the company’s portfolio management team toward establishing a “one stop shop” experience for sellers from onboarding to closing, regardless of disposition type.

McClain has managed portfolios of more than 200,000 REO assets over the course of his nearly 20-year career. Under McClain’s direction, Auction.com’s portfolio operations will focus on optimizing REO disposition services by establishing enhanced partnerships with third-party vendors, agents and its clients’ asset management companies.

Prior to Auction.com, McClain was with Atlas Nationwide, where he oversaw asset management services. Earlier in his career, he served at GMAC Mortgage, where he was responsible for management of the company’s Enterprise REO group.